(*) Leslie Hook: "Ai sees his own fate mirrored in purging of party high-flyres", Financial Times, 19 de julio de 2012.
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[2] Alemania. ¿Quiere saber por qué Alemania tiene tasas de interés negativas en sus títulos soberanos de corto plazo? ¿Y por qué el riesgo-país de la Argentina está donde está? Vea esta nota de Quentin Peel sobre las instituciones de la República Federal de Alemania (*). "The constitution was drafted after the second world war, under the influence of the US and the UK. The power of the centre is curbed by entrenched federalism, with the 16 federal regularly ganging up on the government. Everything has to be negociated by consensus in a coalition. On top of it all are two great independent institutions of the state designed to keep the government on edge: the constitutional court and the Bundesbank. Ms Merkel never seeks to issue instructions to, or express a strong opinion on, either. She treats the ECB in the same way". ¿Hace falta agregar algo?

(*) Quentin Peel: "Iron chancellor bends to the will of the judges", Financial Times, 17 de julio de 2012.
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